ADAUSDT 4h Medium-term forecastHorizontal triangle. The presence of strong support at 1.9-2 increases the likelihood of the triangle working upwards.
Confirmation of the triangle. Raising the lows on the RSI.
There are no volumes below 1.9. If BTC continues to dominate, there is a possibility of a quick return to level 1.4.
Buysell
RLX Technology 4Q Profit Exceeds Analysts’ ExpectationsRLX Technology’s (RLX) 4Q earnings came in at $0.05 (RMB0.292) per share, versus the consensus estimate of $0.04 per share. The company reported a loss of RMB0.029 per share in the same quarter last year.
Net revenues of $248 million (RMB1,618.5 million) more than tripled from the year-ago period together with gross profits, while total operating expenses increased significantly.
On March 12, Citigroup analyst Lydia Ling initiated coverage of the stock with a Buy rating and a price target of $20 (119.3% upside potential). (smarteranalyst.com)
My target for now is $10.66.
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BIDU Baidu Fibonacci Retracement target: $195China-based tech giant may receive increased oversight from Chinese regulators, in addition to threats from the U.S. about potential delistings of foreign stocks.
The U.S. Securities and Exchange Commission (SEC) has threatened to kick foreign companies off of U.S. exchanges if they don't adhere to U.S. auditing practices. (fool.com)
Fib 0.618 perfect touch: $195
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DISCA Discovery selloff targets to watchIn the last 6 months DISC Discovery went up 280% which is a bit concerning.
You can see in the chart the targets to watch and also the area that i intend to long DISCA once again.
ANALYST RATINGS:
3/23/2021 UBS Group Downgrade $24.00 ➝ $46.00
2/23/2021 Wells Fargo & Company Boost Price Target $42.00 ➝ $65.00
2/23/2021 Barclays Boost Price Target $29.00 ➝ $34.00
So buckle up for a selloff?
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DDD 3D Systems Inc Upside PotentialEvery night, Cathie Wood’s Ark Investment Management sends out an email listing the stocks that were bought or sold by the firm's ETFs that day.
3D Systems Corp (NYSE: DDD): Bought 558,900 shares of the printing engineering company, representing about 0.46% of the ETF. (benzinga.com)
From a technical analysis perspective, DDD 3D Systems retraced at 0.618 Fibonacci level and was also a bit oversold as you can see on that wicks down. Now the stocks is bouncing in the accumulation area. It`s not late to enter in my opinion.
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VWAGY Volkswagen a real Tesla competitorIf you haven`t bought the dip of my first idea, at $141:
Or you haven`t seen the sales comparison of these giants:
Then you should know that Volkswagen could surpass Tesla in electric-car sales as soon as next year.
If the market were to apply multiples similar to Tesla and Nio Inc. to VW’s battery-electric vehicle business, it would be worth about 195 billion euros ($230 billion), more than all of the company is worth now, analysts led by Tim Rokossa wrote in a report Monday. They lifted their price target for VW shares by 46% to 270 euros. (bloomberg.com)
The indicators are bullish on all timeframes!
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MARA Marathon Digital Holdings $70 option callsInvestors in Marathon Digital Holdings, Inc. MARA need to pay close attention to the stock based on moves in the options market lately. That is because the Apr 16, 2021 $70.00 Call had some of the highest implied volatility of all equity options today. (zacks.com)
The indicators are still looking bullish on the daily, despite today`s correction.
So is MARA a still a buy???
Market Cap 3.879B
I am looking forward for your opinion to make a decision myself.
If you missed my comparison to EBON:
If you missed my hashrate comparison with DMG blockchain:
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ODT Odonate Therapeutics all time low! Buy oportunity?Following feedback from the U.S. Food and Drug Administration (FDA) in a pre-New Drug Application meeting, Odonate Therapeutics, Inc. (NASDAQ: ODT) has concluded that the clinical data package for tesetaxel is unlikely to support FDA approval. Therefore, Odonate is discontinuing the development of tesetaxel and will wind down the operations of the Company.
As of December 31, 2020, Odonate had $157.3 million in cash, compared to $180.5 million as of December 31, 2019. (businesswire.com)
ODT Odonate Therapeutics MARKET CAP 147.784M
That`s less than its cash balance!
The indicators showed a sell signal just before the selloff.
I know it`s a speculative buy, buy it worth the risk?
What is your opinion?
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SPRT Support COM to be acquired by bitcoin mining company The provider of technical support services and cloud-based software Support COM announced a deal to be acquired by bitcoin mining company Greenidge Generation Holdings Inc. (marketwatch.com).
Market Cap still low, 141.851M
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CPRX Catalyst Pharmaceuticals $40M Repurchase P/E Ratio 6.5 WOWCatalyst Pharmaceuticals is a biopharmaceutical company that specializes in therapies for rare neurological and neuromuscular diseases. It announced its fourth-quarter and 2020 financial results on March 15, 2021, reporting a 16% increase in revenue for fiscal 2020 and a 30% increase in operating income. (investopedia.com)
The company posted adjusted earnings of $0.11 per share, up 57% year-over-year, with the figure exceeding analysts’ expectations of $0.09 per share.
The company remains focused on acquiring or in-licensing innovative, technology platforms and early stage programs in therapeutic areas different from neuromuscular diseases. (smarteranalyst.com)
CPRX it`s an easy 50% in my opinion.
$40 Million Share Repurchase.
Market Cap 453.715M.
PE Ratio (TTM) 6.15.
75mil revenue, 119mil earnings in 2020
haven`t seen such a great balance sheet on a penny stock.
now trading at 4,94usd.
3/18/2021 Roth Capital Boost Price Target Buy $6.50 ➝ $7.00
H.C. Wainwright analyst Andrew Fein reiterated a Buy rating on the stock with a price target of $9
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How to spot the Perfect Entry using the BuySell indicators I had a question from a trader who asked me about how to filter the noise around the many buy and sell signals of the Perfect Entry and Confirmation Entry indicators. And he wanted to buy ONTX but the signals weren`t aligned. He uses 7h timeframe, which is close to one day.
This is the case study:
In the picture you can see the 2 indicators showing a BUY SIGNAL ON THE SAME CANDLE, inside or close to exiting the GREEN (OVERSOLD) AREA, on RISING VOLUME, combined with a BULLISH DIVERGENCE.
This is a pattern to follow for a perfect entry that can signal a major breakout in other stocks!
The first Sell from the Confirmation Entry indicator was at 0.43usd, so almost 3X!
At that point the price was 0.16 usd. now it`s 1.20usd.
So 10X!
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KMPH Kempharm targets after the volume spikeTarget 1: $29
Target 2: $45
Target 3: $80
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HDFCBANK - Elliott wave analysis - sideways correctionIt is within correction mode and expected to go higher in complex sideways correction to finish the X wave cycle. The Y will only start moving down after X wave finished. Both Buy first and Short sell later when completed X wave will be the possible trade set up.